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Square footage cost realities, contract negotiations, market norms in price, such things... Im not saying they DO have such insight, but if they have zero, or

• seanhunter 7y ago
  Commercial real estate is a very active, competitive and generally well-understood business. Not sure WeWork would have insights over and above say Regus given that WeWork were not able to build a sustainable business at the pricing levels they had. So while we have a price point for flexible co-working rental it's not a level which allows for profitable unit economics. We don't (publicly) know whether the clearing price does or what that price is and neither do WeWork. Someone like CBRE or Regus might though.
  • samstave 7y ago
    good points, thank you.